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The Samuelson Company uses a job-order costing system. The following data were recorded for June: Added During June Job Number Work in Process Inventory, June
The Samuelson Company uses a job-order costing system. The following data were recorded for June: Added During June Job Number Work in Process Inventory, June 1 Direct Materials Direct Labour $400 $200 $1,000 900 600 800 800 900 1,400 600 1,000 1,900 475 476 477 478 Overhead is charged to production at 70% of the direct materials cost. Jobs 475, 477, and 478 have been delivered to the customer. What was Samuelson's Work in Process inventory balance for Job 476 on June 30? Multiple Choice O $6,450 $2,300 $2,720 B
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